How much can I borrow? Calculate your monthly loan repayments with NCR-compliant initiation fees and service charges. Compare rates from Capitec, FNB, Standard Bank, ABSA and Nedbank.
Calculate monthly repayments with NCR-compliant fees
Typical range: R1,000 - R300,000
Typical range: 15% - 28% (max 27.5% NCR cap)
| Bank | Interest Rate | Max Amount | Max Term |
|---|---|---|---|
| FNB | 15% - 27.5% | R300,000 | 72 months |
| Standard Bank | 15% - 27.5% | R300,000 | 72 months |
| ABSA | 15% - 27.5% | R350,000 | 84 months |
| Nedbank | 15% - 27.5% | R300,000 | 72 months |
| Capitec | 18% - 27.5% | R250,000 | 84 months |
| African Bank | 21% - 27.5% | R250,000 | 72 months |
Tip: Your interest rate depends on your credit score, income, and loan amount. Always compare quotes from multiple lenders before committing to a loan.
Personal loans in South Africa are regulated by the National Credit Regulator (NCR). Interest rates, initiation fees and service charges are capped to protect consumers. Always compare quotes from multiple banks before committing.
All fees and rates capped by National Credit Regulator
Typical maximum loan amount at major banks
Maximum repayment term (7 years)
Unsecured loans - no asset required as security
Only borrow what you can afford to repay. Missing payments will damage your credit score and may result in legal action. If you're struggling with debt, contact a debt counsellor for free advice.
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